The forex market is divided into two groups that are the market makers and the users of cabial market.
Market makers are the big banks and financial institutions that they determine the level of the exchange rate. Due to its large significant portion of operations in a total volume of the world market. The market makers have absolute control of different market trading instruments.
Market makers are members who provide liquidity of particular instruments, causing users to buy or sell orders.
These are the big banks and international financial institutions operamem daily foreign exchange transactions for the purchase or sale of trading instruments by millions of US dollars. Similarly, every Forex broker has its personal market makers, quotation rates of those who are exploited by it and offered to its customers later.
Among the biggest market makers are Deutsche Bank, Mizuho Bank, Barclays Bank, PBS, Citi Bank, Chase Manhattan Bank, Union Bank of Switzerland. In order to determine the organization is a market maker is important to consider not only the size of a bank but also its share in market operations and its ability to influence the market, the definition of a pricing policy.
Among the biggest market makers are Deutsche Bank, Mizuho Bank, Barclays Bank, PBS, Citi Bank, Chase Manhattan Bank, Union Bank of Switzerland. In order to determine the organization is a market maker is important to consider not only the size of a bank but also its share in market operations and its ability to influence the market, the definition of a pricing policy.
It is noteworthy that for the trading instrument USD / CHF the main market makers are Credit Suisse and Union Bank of Switzerland. For commercial instruments comprising Asian currencies the main market maker is the Standard Chartered Bank. As for ruble instruments, here the top market makers are the Moscow International Bank and Bank Onexim. The Central Bank of Russia can also play this role to be one of the most active participants in the creation of the currencies of quotation rates against the ruble, making different interventions currency, the ruble rate exceeds the regulated currency rate limits.
Market makers to determine the current exchange rate, to do business with each other and with smaller banks which are also market participants. market makers ie introducing quote rates to small banks, organizations and individuals. Thus, another notion emerges characterizing these participants – market users. Marketplace users are financial institutions, brokerage firms, small banks and individuals who use the rate citing defined by market makers for their operations.
0 comentários:
Postar um comentário